No-action letter not enough to convince counterparties to trade with public utilities
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Mark Pengelly articles
Basel capital rules and regulatory reform stymie risk appetite of major banks in commodities
Lean times in energy and commodity derivatives trading have caused a cutback in the amount of time and resources spent on energy risk modelling – a worrying trend that could leave firms unprepared...
Industry estimates of clearing costs met with scepticism
Exchange of the Year, Asia: CME Group’s Nymex Exchange
Former head of power trading joins at least one ex-colleague to found Scoville Risk Partners
Costing stressed VAR
Dealers worry about the impact on liquidity unless single-name and index trades can be margined together
SEC chief economist says consolidated audit trail rule is strong enough, despite concerns from Democrats
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.